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In this video tutorial from Campus Mortgage, the instructor explains subordination agreements. A subordination agreement is a legal document used to prioritize one mortgage lien over another. It is necessary when a borrower wants to refinance their home while keeping an existing home equity line of credit (HELOC) open. The agreement positions the new mortgage in first lien status and the HELOC in second lien status. This allows the borrower to consolidate debt while maintaining access to the HELOC. The video concludes by encouraging viewers to download the course catalog from campusmortgage.org.